Company registration number 09066924 (England and Wales)
GREENBEAN SCIENTIFIC LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023
PAGES FOR FILING WITH REGISTRAR
GREENBEAN SCIENTIFIC LTD
COMPANY INFORMATION
Director
Dr S J Taylor
Company number
09066924
Registered office
1030 Heeley Close
Kent Science Park
Sittingbourne
Kent
ME9 8HL
Accountants
Crossley Financial Accounting
Star House
Star Hill
Rochester
Kent
ME1 1UX
GREENBEAN SCIENTIFIC LTD
CONTENTS
Page
Accountants' report
1
Statement of financial position and notes to the financial statements
2 - 3
GREENBEAN SCIENTIFIC LTD
ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF GREENBEAN SCIENTIFIC LTD FOR THE YEAR ENDED 30 JUNE 2023
- 1 -
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Greenbean Scientific Ltd for the year ended 30 June 2023, which comprise the statement of financial position, from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation
This report is made solely to the board of directors of Greenbean Scientific Ltd, as a body, in accordance with the terms of our engagement letter dated 24 May 2018. Our work has been undertaken solely to prepare for your approval the financial statements of Greenbean Scientific Ltd and state those matters that we have agreed to state to the board of directors of Greenbean Scientific Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Greenbean Scientific Ltd and its board of directors as a body, for our work or for this report.
It is your duty to ensure that Greenbean Scientific Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Greenbean Scientific Ltd. You consider that Greenbean Scientific Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Greenbean Scientific Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Crossley Financial Accounting
20 March 2024
Chartered Accountants
Star House
Star Hill
Rochester
Kent
ME1 1UX
GREENBEAN SCIENTIFIC LTD
STATEMENT OF FINANCIAL POSITION
AS AT 30 JUNE 2023
30 June 2023
- 2 -
2023
2022
£
£
£
£
Fixed assets
4,883
6,126
Current assets
52,076
20,704
Creditors: amounts falling due within one year
(50,190)
(15,001)
Net current assets
1,886
5,703
Total assets less current liabilities
6,769
11,829
Creditors: amounts falling due after more than one year
(6,000)
(9,000)
Net assets
769
2,829
Capital and reserves
769
2,829
Notes to the financial statements
1
Director's benefits: advances, credit and guarantees
During the year, the following transactions took place with the director: |
|
Advances to the director of £25,470 (2022 - £22,063) |
Repayments to the company of £22,279 (2022 - £37,006) |
|
As at 30 June 2023 £1,146 (2022 - £2,045 was due to the director) was due from the director. |
|
The loans were interest free and are repayable on demand. |
2
Financial commitments, guarantees and contingencies
At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases of £7,731 (2022 - £17,395).
3
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2023
2022
Number
Number
Employees
3
3
GREENBEAN SCIENTIFIC LTD
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 JUNE 2023
30 June 2023
- 3 -
Greenbean Scientific Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 1030 Heeley Close, Kent Science Park, Sittingbourne, Kent, ME9 8HL.
For the year ended 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 19 March 2024 and are signed on its behalf by:
Dr S J Taylor
Director
Company registration number 09066924 (England and Wales)